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iMENA-learning from the innovation policy experience in Eastern Europe, Korea and Turkey

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  • iMENA-learning from the innovation policy experience in Eastern Europe, Korea and Turkey
  • Kacem, Rimal
  • World Bank


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Title iMENA-learning from the innovation policy experience in Eastern Europe, Korea and Turkey
Similar Titles
Material Type Reports
Author(English)

Kacem, Rimal

Publisher

Washington, DC:World Bank

Date 2012-07
Series Title; No MENA Knowledge and Learning Quick Notes Series / 67
Pages 4
Subject Country South Korea(Asia and Pacific)
Estern Europe(Europe)
Turkey(Middle East)
Language English
File Type Link
Subject Industry and Technology < General
Holding World Bank

Abstract

Innovation is often touted as a key component in unleashing private sector growth and the dynamism necessary for solving the Middle East and North Africa (MENA) region's employment challenges. The region's innovation strategy identifies the major development challenges including youth unemployment, low diversification of exports, low share of medium and high tech exports, and the need to move from privilege to competition. The MENA region does not perform well on innovation and education indicators, and scores below the world average on the knowledge index (2011). Innovation policies should first focus on improving the business environment, innovation finance, and skills. While developing the innovation policy framework, it will be important to leverage international linkages and to focus on promoting inclusive innovation. MENA's innovation policy agenda will be country specific and difficult to operationalize.